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Condensed Consolidated Balance Sheets (USD $)
Aug. 31, 2013
Nov. 30, 2012
Current assets:    
Cash $ 1,433,565 $ 1,546,609
Accounts receivable-customers, net of allowance for doubtful accounts of $31,838 and $27,958 in 2013 and 2012, respectively 2,464,140 2,778,007
Inventories, net 13,694,836 14,327,482
Deferred taxes 1,087,143 1,061,806
Cost and Profit in Excess of Billings 350,242 102,058
Other current assets 268,809 309,800
Total current assets 19,298,735 20,125,762
Property, plant, and equipment, net 9,834,412 9,562,698
Assets held for lease, net 257,382 340,979
Assets held for sale, net   205,508
Goodwill and other Intangibles 993,729 993,729
Total assets 30,384,258 31,228,676
Current liabilities:    
Current portion of term debt 1,229,308 1,165,177
Accounts payable 888,966 654,322
Customer deposits 195,733 232,300
Billings in Excess of Cost and Profit 69,284 1,125,666
Accrued expenses 1,781,660 1,960,240
Income taxes payable 344,605 821,300
Total current liabilities 4,509,556 5,959,005
Deferred taxes 825,682 897,492
Long Term debt, excluding current portion 6,557,224 7,300,957
Total liabilities 11,892,462 14,157,454
Stockholders’ equity:    
Undesignated preferred stock - $0.01 par value. Authorized 500,000 shares in 2013 and 2012; issued and outstanding 0 shares in 2013 and 2012. 0 0
Common stock – $0.01 par value. Authorized 9,500,000 shares in 2013 and 2012; issued and outstanding 4,042,552 in 2013 and 4,035,052 in 2012 40,426 40,351
Additional paid-in capital 2,600,927 2,540,320
Retained earnings 15,850,443 14,490,551
Total stockholders’ equity 18,491,796 17,071,222
Total liabilities and stockholders’ equity $ 30,384,258 $ 31,228,676